Information is a business in itself. It is also something that has made control impossible ... you cannot get customers to accept prices in one place when they know there's a better deal elsewhere. It's a whole new world.

A truly global economy, as opposed to the multinational economy of the recent past, will require concessions of national power ... that seemed impossible a few years ago and which even now we can but partly imagine.

Banking is a branch of the information business.

As long as capital-both human and money-can move toward opportunity, trade will not balance.

Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven; it can only be attracted.

The guy with the competitive advantage is the one with the best technology.

Information about money is more important than money itself.